Which is the Best Short Term Period Trading Strategy for a Beginner in Indian Stock Market : Learn Stock Market Business
The Best Short Term Period Trading Strategy for a Beginner in Indian Stock Market : Learn Stock Market Business:
Day trading means 6 hours trading with huge tension. Anything can happen if you leave your trading desk for two minutes to go to toilet ! It is about just to make your blood pressure high.
When I was a new comer in this market, I used to do intraday. Sometimes I have made huge profit in a single day. And obviously it was a short cut method to earn money for me. But I was not able to make money constantly, because sometimes I have made losses also although I was so disciplined and strict.
As I grow older I realized that I have to make a strategy which will be better than intraday and I will be able to earn profits constantly from this great business. And doing my own experiment and research I found swing trading is much more better way than the so called intraday.
In case of swing trading I can hold my stocks as many days I want and for intraday you have to sell your Stocks within 3.30 pm whether you are in profit position or loss position it doesn’t matter.
Must read books on Stock Market Business :
So my simple strategy in short is:
Always trade on those Stocks which have a very good brand value in the market.
There will be no bad news or any bad management issue of those companies.
Stocks will have to trade at their 52 weeks low price.
Target should be around 10% ( since I am holding them for a very short term or short term period i.e, 1 week to 6 months only).
I always choose 52 week low price stocks because this is the best time and best price to buy any good qualified Stocks.
Now I am able to make profit constantly from this ever changing market.
(Sometimes I make a change in my target 5% to 30% depending on the situations of the stock and Market. And sometimes I don’t sell my Stocks after gaining 55% also, because that specific stock has a very good potential to grow up).
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